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What changes and trends will the P&C insurance industry see in 2019?

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Swiss Re believes the balance of risk is tilted to the downside with trade tensions being the number one risk to watch. Swiss Re believes the balance of risk is tilted to the downside with trade tensions being the number one risk to watch. (Photo: Shutterstock.com)

Swiss Re expects GDP growth to soften in most large economies in 2019, according to its latest Economic Insights report. The U.S. GDP growth is forecasted to decline by 0.7% to 2.2%; the Euro area economy to slow somewhat to 1.5%; and China’s GDP growth is predicted to fall to about 6.3%.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

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